Industry moves: Huston Loke leaves FSRA
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
- By: Alisha Hiyate
- July 18, 2025 July 18, 2025
- 17:06
Plus, moves at BMO Private Wealth, Fiera Capital and CIBC GAM
GENIUS Act marks a turning point for crypto assets industry
Firm's former CEO, David Sharpe, seeks judicial review of tribunal's findings against him
Interest income rose 13.8% from interest rates and stock market performance
Scotia boosts still-weak outlook for Canada and the U.S., although uncertainty looms
Borrowing accelerates, as residential mortgage debt increases
Top Fed official warns weakening momentum threatens employment goals
Reform aims to close gap in disclosure for deals that don't currently need OK
Indifference to U.S. tariff threats may encourage them to escalate: Desjardins
Cost-saving measures to affect most Crown agencies over next three years
Old document must prevail in case where man died before signing a new will
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
In series of legal filings, regulator claims exclusive jurisdiction
Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales